Annual report pursuant to Section 13 and 15(d)

Sirius XM Transactions (Details)

v2.4.0.8
Sirius XM Transactions (Details) (USD $)
3 Months Ended 12 Months Ended 3 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 3 Months Ended 6 Months Ended 3 Months Ended 3 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jan. 18, 2013
Noncontrolling Interest [Member]
Mar. 31, 2013
SIRIUS XM [Member]
Jan. 18, 2013
SIRIUS XM [Member]
Jan. 18, 2013
SIRIUS XM [Member]
Jun. 30, 2012
SIRIUS XM [Member]
Dec. 31, 2013
SIRIUS XM [Member]
Dec. 31, 2012
SIRIUS XM [Member]
Dec. 31, 2011
SIRIUS XM [Member]
Jan. 18, 2013
FCC licences [Member]
SIRIUS XM [Member]
Dec. 31, 2012
Pro Forma [Member]
Dec. 31, 2011
Pro Forma [Member]
Dec. 31, 2012
Pro Forma [Member]
SIRIUS XM [Member]
Dec. 31, 2013
Deferred tax liability [Member]
Dec. 31, 2013
Contract fair value [Member]
Dec. 31, 2011
Segment, Liberty Capital [Member]
Dec. 31, 2012
Segment, Liberty Capital [Member]
Pro Forma [Member]
Dec. 31, 2011
Segment, Liberty Capital [Member]
Pro Forma [Member]
Dec. 31, 2011
Segment, Liberty Starz [Member]
Dec. 31, 2011
Segment, Liberty Starz [Member]
Pro Forma [Member]
Dec. 31, 2011
Segment, Liberty Starz [Member]
Dec. 31, 2011
Segment, Liberty Starz [Member]
Pro Forma [Member]
Dec. 31, 2011
Segment, Liberty Capital [Member]
Dec. 31, 2011
Segment, Liberty Capital [Member]
Pro Forma [Member]
Dec. 31, 2011
Segment, Liberty Capital [Member]
Pro Forma [Member]
Jun. 30, 2014
SIRIUS XM [Member]
Mar. 31, 2014
SIRIUS XM [Member]
Dec. 31, 2013
SIRIUS XM [Member]
Jun. 30, 2014
SIRIUS XM [Member]
Jan. 03, 2014
SIRIUS XM [Member]
Nov. 04, 2013
SIRIUS XM [Member]
Agero [Member]
Mar. 31, 2014
Common Class C [Member]
Jan. 03, 2014
Common Class C [Member]
SIRIUS XM [Member]
Mar. 31, 2014
OEM relationship [Member]
SIRIUS XM [Member]
Agero [Member]
Mar. 31, 2014
Software Development [Member]
SIRIUS XM [Member]
Agero [Member]
Business Acquisition [Line Items]                                                                                          
Stock Repurchased and Retired During Period, Shares                                                                           43,712,265 136,600,826            
Payments for Repurchase of Common Stock                 $ 140,000,000 $ 323,000,000 $ 465,000,000                                                 $ 340,000,000 $ 240,000,000   $ 500,000,000            
Stock Repurchased and Retired During Period, Value                 937,000,000 0 0                                                       3.6603            
Revenue 1,025,000,000 1,110,000,000 1,078,000,000 789,000,000 44,000,000 154,000,000 135,000,000 35,000,000 4,002,000,000 368,000,000 1,409,000,000                   3,730,000,000 4,416,000,000                                              
Income (Loss) from Continuing Operations, Per Diluted Share                 $ 73.17 $ 9.35                                 $ 16.55       $ (0.77)   $ 7.19                        
Income (Loss) from Continuing Operations, Per Basic Share                 $ 74.41 $ 9.67                                 $ 17.10       $ (0.76)   $ 7.45                        
Earnings Per Share, Basic $ 4.84 $ 0.64 $ 0.78 $ 67.72 $ 0.88 $ 1.86 $ 7.87 $ 1.24 $ 74.41 $ 11.78                                         $ 4.49 $ (0.76) $ 7.14   $ 9.27                    
Assets, Current 2,494,000,000       2,211,000,000       2,494,000,000 2,211,000,000                         3,102,000,000                                            
Available-for-sale Securities                                             1,147,000,000                                            
Goodwill, Allocation Adjustment                                               227,000,000 18,000,000                                        
Business Combination, Consideration Transferred, Including Equity Interest in Acquiree Held Prior to Combination                           10,372,000,000                                                              
Purchase of shares in equity method investee                             50,000,000                                                            
Preferred Stock, Par or Stated Value Per Share $ 0.01       $ 0.01       $ 0.01 $ 0.01         $ 0.001                                                            
Convertible Preferred Stock, Shares Issued upon Conversion                             1,293,509,076                                                            
ownership percentage acquired                           50.00%                                                              
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain                         7,500,000,000                                                                
Business Combination, Step Acquisition, Equity Interest in Acquiree, Fair Value                           10,215,000,000                                                              
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value                       10,286,000,000   10,841,000,000                                                              
Business Acquisition, Cost of Acquired Entity, Other Noncash Consideration                           253,000,000                                                              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net                           21,466,000,000                                                              
Business Acquisition, Purchase Price Allocation, Current Assets, Cash and Cash Equivalents                           569,000,000                                                              
Business Acquisition, Purchase Price Allocation, Current Assets, Receivables                           210,000,000                                                              
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment                           1,714,000,000                                                              
Business Acquisition, Purchase Price Allocation, Goodwill Amount                           13,775,000,000                                                     389,000,000        
Business Acquisition, Purchase Price Allocation, Intangible Assets Not Amortizable                           930,000,000           8,600,000,000                                                  
Business Acquisition, Purchase Price Allocation, Amortizable Intangible Assets                           930,000,000                                                     247,000,000        
Business Acquisition, Purchase Price Allocation, Current Assets, Prepaid Expense and Other Assets                           480,000,000                                                              
Business Acquisition, Purchase Price Allocation, Noncurrent Liabilities, Long-term Debt                           (2,490,000,000)                                                              
Business Acquisition, Purchase Price Allocation, Current Liabilities, Deferred Revenue                           (1,565,000,000)                                                              
Business Acquisition, Purchase Price Allocation, Deferred Taxes Asset (Liability), Net, Noncurrent                           (685,000,000)                                                              
Business Acquisition, Purchase Price Allocation, Other Liabilities                           (1,002,000,000)                                                              
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangibles                           21,466,000,000                                                              
Equity Method Investments 3,299,000,000       3,341,000,000       3,299,000,000 3,341,000,000               2,766,000,000 [1]         851,000,000                             273,000,000              
Indefinite Lived Intangible Assets Total 1,808,000,000       157,000,000       1,808,000,000 157,000,000                         1,871,000,000                                            
Finite-Lived Intangible Assets, Net 24,038,000,000       344,000,000       24,038,000,000 344,000,000                         23,868,000,000                                            
Other Assets, Noncurrent 1,200,000,000       108,000,000       1,200,000,000 108,000,000                         1,038,000,000                                            
Other assets 379,000,000       32,000,000       379,000,000 32,000,000                         805,000,000                                            
Assets 34,542,000,000       8,325,000,000       34,542,000,000 8,325,000,000                         32,682,000,000                             28,203,000,000              
Long-term debt 5,555,000,000       0       5,555,000,000 0                         2,486,000,000                                            
Other Liabilities 1,396,000,000       804,000,000       1,396,000,000 804,000,000                         1,720,000,000                                            
Stockholders' Equity Attributable to Noncontrolling Interest                                             3,656,000,000                                            
Stockholders' Equity Attributable to Noncontrolling Interest 9,801,000,000       (8,000,000)       9,801,000,000 (8,000,000)                         10,833,000,000                                            
Stockholders' Equity Attributable to Parent 14,081,000,000       6,440,000,000       14,081,000,000 6,440,000,000                         13,987,000,000                                            
Operating income (loss) 189,000,000 248,000,000 226,000,000 151,000,000 (60,000,000) 10,000,000 2,000,000 (32,000,000) 814,000,000 (80,000,000) 531,000,000                   686,000,000 1,087,000,000                                              
Interest Expense                 132,000,000 7,000,000 16,000,000                   162,000,000 (215,000,000)                                              
Share of earnings (losses) of affiliates, net                 (32,000,000) 1,346,000,000 87,000,000         1,229,000,000 8,000,000 [1],[2] 1,367,000,000 94,000,000   (21,000,000) (7,000,000)                                              
Net Income (Loss) Attributable to Noncontrolling Interest                 211,000,000 (2,000,000) (4,000,000)                   1,736,000,000 210,000,000                                              
Net earnings (loss) attributable to Liberty Media Corporation shareholders 552,000,000 76,000,000 93,000,000 8,059,000,000 106,000,000 221,000,000 937,000,000 150,000,000 8,780,000,000 1,414,000,000 836,000,000                             607,000,000 2,052,000,000 788,000,000 229,000,000 (39,000,000)                              
Earnings Per Share, Diluted $ 4.80 $ 0.63 $ 0.77 $ 66.60 $ 0.87 $ 1.80 $ 7.62 $ 1.20 $ 73.17 $ 11.40                                         $ 4.32 $ (0.76) $ 6.90 $ 8.95                      
Share repurchases, discount from market price                                                                             1.50%            
Volume weighted average share price, cap                                                                             4.18            
Volume weighted average share price, floor                                                                             3.64            
Stock repurchased as a percentage of shares outstanding                                                                             2.00%            
Equity Conversion                                                                                     0.0760    
Stockholders' Equity Note, Stock Split, Conversion Ratio                                                                                   0.0253      
Leveraged Buyout, Ownership Interest of New Investors                                                                               39.00%          
Business Acquisition, Cost of Acquired Entity, Purchase Price                                                                                 $ 525,000,000        
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life                                                                                       15 years 10 years
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners                           50.00%                                                              
[1] On January 18, 2013, as discussed in note 4, Liberty acquired an additional 50 million common shares and acquired a controlling interest in SIRIUS XM and as a result consolidates SIRIUS XM as of such date. SIRIUS XM has an investment in SIRIUS XM Canada that was recorded at fair value in purchase accounting. See discussion below of SIRIUS XM Canada.
[2] SIRIUS XM recognized a $3.0 billion tax benefit during the year ended December 31, 2012. SIRIUS XM recorded the tax benefit as the result of significant positive evidence that a valuation allowance was no longer necessary for its recorded deferred tax assets. The Company recognized its portion of this benefit ($1,229 million) based on our ownership percentage at the time of the recognition of the deferred tax benefit by SIRIUS XM.